NOT LISTED FOR SALE

Estimated Value: $88,000 - $129,723

2 Beds
1 Bath
840 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $45,000 $54 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $700/month

280 Days on Market

Highlights

  • Attic
  • Eat-In Kitchen
  • Tile or Brick Flooring
  • No HOA
  • Living Room
  • En-Suite Primary Bedroom

About This Home

As of September 2016

Great investment opportunity! High cap rate and quick return on your investment. The property is in overall good condition, with long-term tenant (lease expired on 09/30/2017), paying 690 per month. This is a true cash cow !!! Schedule your showing and put an offer TODAY! this property won't last! * Also can be included in a package deal with other 2 properties on the same block.

Last Agent to Sell the Property

Leron Grossman

Victory Real Estate, LLC License #RM423874 Listed on: 11/05/2015

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $819

Year Built

  • Built in 1920

Lot Details

  • 696 Sq Ft Lot
  • Lot Dimensions are 14x50
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • AirLite
  • Stucco

Interior Spaces

  • 840 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Attic

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Schools

  • Martin L. King High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Germantown Subdivision

Listing and Financial Details

  • Tax Lot 132
  • Assessor Parcel Number 123133900

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$819

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • Exclusions: Personal Belongings
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Great investment opportunity! High cap rate and quick return on your investment. The property is in overall good condition, with long-term tenant (lease expired on 09/30/2017), paying 690 per month. This is a true cash cow !!! Schedule your showing and put an offer TODAY! this property won't last! * Also can be included in a package deal with other 2 properties on the same block.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Fully Carpeted, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 840
  • Living Area Sq Ft: 840
  • Net Sq Ft: 840.00
  • Price Per Sq Ft: 59.40
  • Above Grade Finished Sq Ft: 840
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4931

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • High School: MARTIN L. KING
  • School District Key: 300200397108
  • High School: MARTIN L. KING

Lot Info

  • Improvement Assessed Value: 54591.00
  • Land Assessed Value: 3909.00
  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14X50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 696.00
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 951072
  • Tax Annual Amount: 819.00
  • Assessor Parcel Number: 123133900
  • Tax Lot: 132
  • Tax Year: 2016
  • Close Date: 09/19/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2024
Sold by
Sloane Properties Llc
Bought by
Philadelphia Lotus 20 Llc
Current Estimated Value
$114,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,596,000
Outstanding Balance
$1,582,801
Interest Rate
7.09%
Mortgage Type
Construction
Estimated Equity
-$1,467,473

Purchase Details

Closed on
Jul 28, 2022
Sold by
Olam Investments Llc
Bought by
Ranell Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,240
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2015
Closed on
Sep 7, 2016
Sold by
Secher Amir
Bought by
Olam Investments Llc
Seller's Agent
Leron Grossman
Victory Real Estate, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$54,900
Sold Price
$45,000
Premium/Discount to List
-$9,900
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
Jul 11, 2013
Sold by
Paeer Investment
Bought by
Secher Amir Israel

Purchase Details

Closed on
Dec 7, 2010
Sold by
Cooer Stephen F and Cooper David F
Bought by
First Niagara Bank Na

Purchase Details

Closed on
Nov 17, 1998
Sold by
Preston Kenneth R and Preston Edward
Bought by
Cooper David F and Cooper Stephen F

Purchase Details

Closed on
Dec 9, 1996
Sold by
Sheak Elizabeth M
Bought by
Preston Kenneth R and Preston Edward
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Philadelphia Lotus 20 Llc $1,832,000 None Listed On Document
Ranell Properties Llc -- None Listed On Document
Olam Investments Llc $45,000 None Available
Secher Amir Israel $30,000 None Available
First Niagara Bank Na $19,800 None Available
Cooper David F $30,000 --
Preston Kenneth R $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philadelphia Lotus 20 Llc $1,596,000
Previous Owner Ranell Properties Llc $75,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $45,000 -9.8% $54 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
12/08/2015 12/08/15 Price Changed $49,900 -9.1% $59 / Sq Ft
11/05/2015 11/05/15 For Sale $54,900 -- $65 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $904 $106,300 $21,260 $85,040
2024 $904 $106,300 $21,260 $85,040
2023 $904 $64,600 $12,900 $51,700
2022 $745 $64,600 $12,900 $51,700
2021 $745 $0 $0 $0
2020 $745 $0 $0 $0
2019 $778 $0 $0 $0
2018 $819 $0 $0 $0
2017 $819 $0 $0 $0
2016 $819 $0 $0 $0
2015 $784 $0 $0 $0
2014 -- $58,500 $3,909 $54,591
2012 -- $4,288 $1,072 $3,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002731566

Bright MLS

APN: 123133900